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Off-Topic Discussion => General Discussion => Topic started by: Nuclear1 on March 16, 2007, 08:21:32 am

Title: w00t free market GO
Post by: Nuclear1 on March 16, 2007, 08:21:32 am
http://news.bbc.co.uk/2/hi/asia-pacific/6429317.stm

Quote
China has unveiled a landmark law that will boost the protection of private property rights.
This is the first piece of legislation in the Communist country to cover an individual's right to own assets.

Analysts say the move is an important step away from Chinese egalitarianism and towards a market economy.
Title: Re: w00t free market GO
Post by: Rictor on March 16, 2007, 08:45:34 am
That's 'cause they're facing protests all over the country by people who were forced our of their homes by big land developers. Hopefully this will law will cut down on that a bit, although having laws and enforcing them are quite different matters (see Russia) .
Title: Re: w00t free market GO
Post by: Windrunner on March 16, 2007, 01:51:30 pm
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.
Title: Re: w00t free market GO
Post by: Starkweather on March 16, 2007, 01:54:34 pm
That's 'cause they're facing protests all over the country by people who were forced our of their homes by big land developers. Hopefully this will law will cut down on that a bit, although having laws and enforcing them are quite different matters (see Russia) .

Stalin or no Stalin? :P
Title: Re: w00t free market GO
Post by: Kosh on March 17, 2007, 03:40:31 am
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.


This is the issue with governance in China:

You have the inside track who are the elites. They are competant, generally know what they are doing, and genuinely care about making China a better country for its people. These guys make plans that are usually well thought out and (most of the time) well intentioned.

Then you have the outside track. They are the local officials whom are often are either corrupt, incompetant, or both. Some of them are good, but many are not. They tend to botch the implementation of the plans that the inner track make, or choose to ignore the inner track all together. There have been many cases in recent years of local officials defying the central government. Sometimes the central government hears about the illegal land siezures and actually tries to put a stop to it, but unfortunately that doesn't always happen.
Title: Re: w00t free market GO
Post by: redmenace on March 17, 2007, 10:33:54 am
I think its a step in the right direction, but they still have a long way to go, for example thier local authorities are corrupt and they don't give a damn about thier people.


This is the issue with governance in China:

You have the inside track who are the elites. They are competant, generally know what they are doing, and genuinely care about making China a better country for its people. These guys make plans that are usually well thought out and (most of the time) well intentioned.

Then you have the outside track. They are the local officials whom are often are either corrupt, incompetant, or both. Some of them are good, but many are not. They tend to botch the implementation of the plans that the inner track make, or choose to ignore the inner track all together. There have been many cases in recent years of local officials defying the central government. Sometimes the central government hears about the illegal land siezures and actually tries to put a stop to it, but unfortunately that doesn't always happen.
I thought the chinese government was also siezing land for the Olympics and not paying people as well?
http://boycott2008games.blogspot.com/2006/10/video-on-land-seizures.html